Foxconn

At a Glance

Industry

Internet, Software, Hardware and Technology Services

Project Types

Industrial Energy Efficiency, Sustainability and Energy Management Strategy

Year

2024

Location

Shanghai

Summary

Peng Gao designed the greenhouse gas emission (GHG) accounting function for key industries in Foxconn Industrial Internet (FII)'s existing carbon management platform.

Goals

As a global leader in the digital economy, FII is committed to providing carbon neutrality solutions through technological innovation. Accurate carbon emission accounting is crucial for enterprises to understand their carbon footprint and manage carbon assets effectively. FII enlisted Peng Gao to enhance its existing carbon management platform by designing a GHG accounting function tailored for key emission industries.

Solutions

Peng began by thoroughly reviewing the policies, regulations, and mechanisms related to corporate carbon assets and the national carbon trading market, both domestically and internationally. He then conducted an in-depth analysis of the development history and future trends of the national carbon emissions trading market. Following this, the researcher examined the GHG accounting methods and reporting guidelines specific to key emission industries, studying relevant industry standards and literature. He focused on the calculation logic and data modeling for GHG emission accounting at both the enterprise and process levels. Finally, Peng reviewed the existing functional architecture and business logic of FII's carbon management platform. Building on this foundation, he completed the business process planning and detailed functional design for the GHG accounting model modules tailored to key emission industries. This work resulted in the creation of a system prototype and a project blueprint design report, facilitating the platform's update, iteration, and optimization.

Potential Impact

The addition of the GHG accounting function for key emission industries can significantly enhance the market competitiveness of FII's existing Carbon Management System. It provides clients with comprehensive tools for carbon emission data collection and analysis. In addition to calculating and reporting GHG emissions, this feature can assist clients in developing carbon reduction strategies and achieving low-carbon compliance at a reduced cost. This optimization and upgrade are expected to lower the carbon costs for key emission industries by approximately 8%.

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